Funding you earn now, next payment 08:00 UTC−0.1286%/8h= −140.9% APRnext payment −$12.86 per $10,000 · paid last 24h +0.014%
Price spread now: GRVT against Binance+0.092%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$2192.190% of the position
Funding, last 7 days+0.174%+$17 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now +0.092%, 7d avg +0.030%
=Together, before fees+0.182%+ Points / potential airdropGRVT: Active · farm board+$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.061% dearer against Binance than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of +0.030%): +$6 on $10k if it goes back. Holding the pair costs −$39 a day in funding at the current rate, which eats that in about 4 hours. Mind the row above: over the last 7 days funding on this pair paid +0.174%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.174% in total (about 9.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$12.86 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KSTRUSDT | 24.630 | 0.1646 | pay 0.1646% / 8h | 4h 25m | $1.8M | $1.7M | 25x |
| Short | GRVT KSTR_USDT_Perp | 24.653 | 0.0360 | get 0.0360% / 8h | 4h 25m | $192 | $113K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$270.13
- Price spread: +0.092% → +0.030%
- $6.15
- Slippage, 4 orders
- −$199.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$482.96
- Costs to cover
- 2.190%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; GRVT: live order book, 27 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 8 min ago | 6.09 bp | 23.6 bp −$24 | 77.3 bp −$773 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 27 min ago | 6.07 bp | 57.0 bp −$57 | 132.3 bp −$1,323 | doesn't fit | doesn't fit |
KSTR on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster KSTRUSDT | 0.0000% | 8h | 24.659 | +0.118% | $6K | $8K | 20x | as long as short |
| Bybit KSTRUSDT | 0.0000% | 8h | 24.640 | +0.041% | $365K | $418K | 25x | as long as short |
| Gate KSTR_USDT | 0.0000% | 8h | 24.690 | +0.244% | $364K | $357K | 20x | as long as short |
| Bitget KSTRUSDT | 0.0000% | 8h | 24.708 | +0.317% | $512K | $280K | 20x | as long as short |
| Phemex KSTRUSDT | 0.0000% | 8h | 24.630 | 0.000% | $1.5M | $129K | 10x | as long as short |
| tradeXYZ xyz:KSTR | +0.0019% | 1h | 24.634 | +0.016% | $19K | $5K | 10x | as long as short |
| HTX KSTR-USDT | +0.0100% | 8h | 24.640 | +0.041% | $8K | $5K | 10x | as long as short |
| GRVT KSTR_USDT_Perpshort | +0.0360% | 8h | 24.653 | +0.092% | $192 | $113K | 10x | |
| KuCoin KSTRUSDTM | +0.0559% | 8h | 24.660 | +0.122% | $27K | $156K | 20x | as long as short |
| Variational Omni KSTR | +0.1572% | 8h | 24.635 | +0.022% | $98K | $8K | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance KSTRUSDTlong | +0.1646% | 8h | 24.630 | long leg | $1.8M | $1.7M | 25x | |
| MEXC KSTR_USDT | +0.1654% | 8h | 24.670 | +0.162% | $435K | $81K | 50x | as long as short |
Binance KSTRUSDT
GRVT KSTR_USDT_Perp
Aster KSTRUSDT
Bybit KSTRUSDT
Gate KSTR_USDT
Bitget KSTRUSDT
Phemex KSTRUSDT
tradeXYZ xyz:KSTR
HTX KSTR-USDT
KuCoin KSTRUSDTM
Variational Omni KSTR
MEXC KSTR_USDT